Client Name:

Client Project Name:

TPMT 2026-CES4

Start - End Dates:

12/15/2022 - 6/24/2026

Deal Loan Count:

1,774

Conditions Report 2.0

Loans in Report:

1,774

Loans with Conditions:

1,014

195 - Total Active Conditions

195 - Non-Material Conditions

40 - Credit Review Scope

1 - Category: Application

7 - Category: Credit/Mtg History

10 - Category: DTI

11 - Category: Income/Employment

1 - Category: Insurance

7 - Category: LTV/CLTV

3 - Category: Terms/Guidelines

63 - Property Valuations Review Scope

61 - Category: FEMA

2 - Category: Property

92 - Compliance Review Scope

11 - Category: Borrower's Interest

1 - Category: Documentation

3 - Category: Federal Consumer Protection

29 - Category: RESPA

1 - Category: Right of Rescission

5 - Category: State Consumer Protection

26 - Category: State Late Charges

16 - Category: Texas Home Equity

1751 - Total Satisfied Conditions

1173 - Credit Review Scope

8 - Category: Ability to Repay/Qualified Mortgage

5 - Category: Application

1 - Category: Assets

40 - Category: Credit/Mtg History

26 - Category: DTI

153 - Category: Income/Employment

82 - Category: Insurance

28 - Category: Legal Documents

4 - Category: LTV/CLTV

689 - Category: Terms/Guidelines

137 - Category: Title

173 - Property Valuations Review Scope

127 - Category: Appraisal

45 - Category: FEMA

1 - Category: Property

405 - Compliance Review Scope

54 - Category: Ability to Repay/Qualified Mortgage

1 - Category: APR Tolerance

6 - Category: Borrower's Interest

6 - Category: Compliance Manual

11 - Category: Documentation

5 - Category: Federal Consumer Protection

18 - Category: Federal Higher-Priced

7 - Category: Finance Charge Tolerance

103 - Category: Right of Rescission

8 - Category: State Consumer Protection

1 - Category: State Late Charges

3 - Category: Texas Equity

6 - Category: Texas Home Equity

176 - Category: TILA/RESPA Integrated Disclosure

0 - Total Waived Conditions

 

 

 

 

 

©2026 Clayton Services LLC. All rights reserved. Ownership and use of this report is governed by the legal agreement between Clayton and the party for which it was prepared. Any use not expressly authorized by such agreement, including reliance on this report by anyone other than such party, is prohibited.

Client Name:

Client Project Name:

TPMT 2026-CES4

Start - End Dates:

12/15/2022 - 6/24/2026

Deal Loan Count:

1,774

Conditions Report 2.0

Loans in Report:

1,774

Loans with Conditions:

1,014

Redaction ID

Loan Number

Original Principal Balance

State

Initial Lender ATR/QM Status

Loan Level ATR/QM Status

Initial Securitization Overall Loan Grade

Final Securitization Overall Loan Grade

Initial Securitization Credit Loan Grade

Final Securitization Credit Loan Grade

Initial Securitization Property Valuations Loan Grade

Final Securitization Property Valuations Loan Grade

Initial Securitization Compliance Loan Grade

Final Securitization Compliance Loan Grade

Initial DBRS, KBRA, S&P Overall Loan Grade

Final DBRS, KBRA, S&P Overall Loan Grade

Initial DBRS, KBRA, S&P Credit Loan Grade

Final DBRS, KBRA, S&P Credit Loan Grade

Initial DBRS, KBRA, S&P Property Valuations Loan Grade

Final DBRS, KBRA, S&P Property Valuations Loan Grade

Initial DBRS, KBRA, S&P Compliance Loan Grade

Final DBRS, KBRA, S&P Compliance Loan Grade

Condition Category

Condition Sub Category

Condition Status

Initial Securitization Condition Grade

Final Securitization Condition Grade

Initial DBRS, KBRA, S&P Condition Grade

Final DBRS, KBRA, S&P Condition Grade

Condition Code

Condition Description

Condition Material Indicator

Initial Comments

Client/Seller Response Comments

Conclusion Comments

TRID Error Type

Cure Method

Compensating Factors

Seasoning

0A43DE23-A0C8-4AFB-8280-5B8A34A2FB50

XXXXXX

XXXXXX

WA

QM: Rebuttable Presumption (APOR)

QM: Safe Harbor (APOR)

C

A

A

A

C

A

A

A

C

A

A

A

C

A

A

A

Property Valuations

FEMA

Satisfied

C

A

C

A

PRVAFEMA858

Natural Disaster Area, no subsequent inspection  (Individual & Public)

No

The appraisal was completed before the incident period end date, Provide a post-disaster inspection confirming the property is free of damage.

6.5.2026-Received Property inspection report, no damage noted

6.5.2026-Exception satisfied

(No Data)

Not Applicable

CFCFS2854: Significant time in profession

- Clayton Comments:  Borrower 1-XXX has significant time in profession, 10 years.

 

Originated < 24 months Ago

3FDADD2A-67FB-425F-B62F-36AA1D5B9B67

XXXXXX

XXXXXX

CA

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1736: Significant time at current residence

- Clayton Comments:  12YRS time at current residence

 

CFCFS2854: Significant time in profession

- Clayton Comments:  29yrs time in profession

 

Originated < 24 months Ago

10369699-BB19-44D9-8D8D-170FB35242E3

XXXXXX

XXXXXX

NJ

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1737: LTV below guideline requirements

- Clayton Comments:  CLTV XX.XX is below maximum allowed of 85%

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments:  723 mid score > min required of 680

 

Originated < 24 months Ago

EEDE989E-1EF4-4A1D-8338-BAC70B37F915

XXXXXX

XXXXXX

CA

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

D

A

D

A

A

A

A

A

D

A

D

A

A

A

A

A

Credit

Title

Satisfied

D

A

D

A

CRDTIL865

Title incomplete

No

Missing Final Title Cert., RELP

5.28.2026-Received Final Title Cert., RELP

5.28.2026-Exception satisfied

(No Data)

Not Applicable

CFCFS2854: Significant time in profession

- Clayton Comments:  15  years and 0 months in current profession.

 

CFCFS1736: Significant time at current residence

- Clayton Comments:  8 years and 0 months in current residence.

 

Originated < 24 months Ago

A7F5F9CE-4A77-44B1-B249-0751FA1A8F6C

XXXXXX

XXXXXX

MA

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

C

A

C

A

A

A

A

A

C

A

C

A

A

A

A

A

Credit

Income/Employment

Satisfied

C

A

C

A

CRDINC2488

Verbal verification of employment missing

No

Missing VVOE for B1 XXX

6/15/26 Client provided third party evidence of employment, registered active professional business license.

6/15/26 Exception satisfied.

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job

- Clayton Comments:  B1 has been self-employed for 7 years 5 months

 

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments:  B2 has been with the employer for 13 years 9 months.

 

Originated < 24 months Ago

4C7CC474-42B6-4C10-AEAA-D3B97D540D6F

XXXXXX

XXXXXX

CA

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

D

A

D

A

A

A

A

A

D

A

D

A

A

A

A

A

Credit

Title

Satisfied

D

A

D

A

CRDTIL865

Title incomplete

No

Missing Final Title Cert., RELP

5.28.2026-Received ALTA Final Title

5.28.2026-Exception satisfied

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement

- Clayton Comments:  33.22 DTI; Guidelines allow up to 45%

 

CFCFS1739: Positive mortgage payment history

- Clayton Comments:  Borrower has 3 mortgages all are 0x30

 

Originated < 24 months Ago

30CDD1C3-2D4C-440E-93D6-3FB47B7C95BB    

XXXXXX

XXXXXX

FL

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

D

A

D

A

C

A

A

A

D

A

D

A

C

A

A

A

Credit

Credit/Mtg History

Satisfied

C

A

C

A

CRDCRMH1805

Debts/obligations not disclosed/accounted for at origination

No

Missing property report for XXX, XXX, and XXX evidencing no mortgage and showing property tax amounts.

6/15/6 Client provided property report for XXX, XXX, and XXX evidencing no mortgage and showing property tax amounts

6/15/26 Exception satisfied.

(No Data)

Not Applicable

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments:  75 months with 0x30 Mortgage payment history exceeds guidelines of 24 months.

 

CFCFS1736: Significant time at current residence

- Clayton Comments:  Significant time at current residence, 22 years.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments:  Median FICO > 50 points above guideline program minimum of 720.

 

Originated < 24 months Ago

30CDD1C3-2D4C-440E-93D6-3FB47B7C95BB

XXXXXX

XXXXXX

FL

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

D

A

D

A

C

A

A

A

D

A

D

A

C

A

A

A

Credit

Title

Satisfied

D

A

D

A

CRDTIL865

Title incomplete

No

Loan file contains title commitment. Missing Full ALTA title policy or Property Report and Residential Equity Loan Policy Certificate (RELP) evidencing coverage under a Master Residential Equity Loan Policy (MRELP).

5.28.2026-Received ALTA Final Title

5.28.2026-Exception satisfied

(No Data)

Not Applicable

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments:  75 months with 0x30 Mortgage payment history exceeds guidelines of 24 months.

 

CFCFS1736: Significant time at current residence

- Clayton Comments:  Significant time at current residence, 22 years.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments:  Median FICO > 50 points above guideline program minimum of 720.

 

Originated < 24 months Ago

30CDD1C3-2D4C-440E-93D6-3FB47B7C95BB

XXXXXX

XXXXXX

FL

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

D

A

D

A

C

A

A

A

D

A

D

A

C

A

A

A

Property Valuations

Appraisal

Satisfied

C

A

C

A

PRVAAPPR169

Appraisal includes one or more issue(s)

No

Missing PCI (Property Condition Inspection) in the file to meet lender valuation guidelines

6.24.2026-Received Property Condition Inspection

6.24.2026-Exception satisfied

(No Data)

Not Applicable

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments:  75 months with 0x30 Mortgage payment history exceeds guidelines of 24 months.

 

CFCFS1736: Significant time at current residence

- Clayton Comments:  Significant time at current residence, 22 years.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments:  Median FICO > 50 points above guideline program minimum of 720.

 

Originated < 24 months Ago

67514070-58A9-410E-A053-EE529FFFBE49

XXXXXX

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

D

A

C

A

A

A

D

A

D

A

C

A

A

A

Credit

Title

Satisfied

D

A

D

A

CRDTIL865

Title incomplete

No

Missing final title certificate (RELP)

5.28.2026-Received ServiceLink Statement of Fees, Title Search and Indemnification Letter, Missing a Junior Alta Policy or a Full ALTA Policy in Place of a RELP7.6.2026-Received Final Title Cert., MRELP

7.6.2026-Exception satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments:  812 mid score > min required of 660.

 

CFCFS1736: Significant time at current residence

- Clayton Comments:  17 years at primary residence.

 

CFCFS5269: Minimal use of credit

- Clayton Comments:  Minimal usage of available revolving credit lines @ 1.91%

 

Originated < 24 months Ago

67514070-58A9-410E-A053-EE529FFFBE49

XXXXXX

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

D

A

C

A

A

A

D

A

D

A

C

A

A

A

Property Valuations

Appraisal

Satisfied

C

A

C

A

PRVAAPPR169

Appraisal includes one or more issue(s)

No

Missing required property condition inspection.

6.24.2026-Received Property Condition Report

6.24.2026-Exception satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments:  812 mid score > min required of 660.

 

CFCFS1736: Significant time at current residence

- Clayton Comments:  17 years at primary residence.

 

CFCFS5269: Minimal use of credit

- Clayton Comments:  Minimal usage of available revolving credit lines @ 1.91%

 

Originated < 24 months Ago

DF23722F-FE78-4023-BC9B-76EB52232BB9

XXXXXX

XXXXXX

MT

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

(No Data)

Originated < 24 months Ago

384B3D6F-8523-4E53-BC45-7F1AA5C6AFF5

XXXXXX

XXXXXX

FL

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1737: LTV XX.XX% is below maximum allowed 50%

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments:  Credit score XXX exceeds minimum required 720

 

Originated < 24 months Ago

A0B070B5-664E-45EE-A7A3-C17E82C201F7

XXXXXX

XXXXXX

CT

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1744: DTI below guideline requirement

- Clayton Comments:  Maximum DTI is 50%, borrower's DTI is 22.75%

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments:  Minimum credit score required is 660, borrower's credit score is XXX.

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments:  Maximum CLTV XX.XX%, subject's CLTV XX.XX%.

 

Originated < 24 months Ago

DB7ACF9D-79A5-4FF3-86E9-BE718DC373E3

XXXXXX

XXXXXX

CA

QM: Rebuttable Presumption

QM: Safe Harbor (APOR)

D

A

D

A

A

A

A

A

D

A

D

A

A

A

A

A

Credit

Title

Satisfied

D

A

D

A

CRDTIL865

Title incomplete

No

Missing title report AND Residential Equity Loan Policy Certificate (RELP) evidencing coverage under a Master RELP.

5.28.2026-Received Final Title Cert., RELP

5.28.2026-Exception satisfied

(No Data)

Not Applicable

CFCFS1736: Significant time at current residence

- Clayton Comments:  Borrower has significant time at current residence, 10 years.

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments:  CLTV XX.XX% is < 80% max.

 

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments:  34 months with 0x30 Mortgage payment history exceeds guidelines of 24 months.

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments:  Borrower has significant time at current job, 21 years and 9 months.

 

Originated < 24 months Ago

F5A12CB1-EE28-4AA5-ABDA-A403AE670CD5

XXXXXX

XXXXXX

CA

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1744: DTI below guideline requirement

- Clayton Comments:  LTV XX.XX%; guidelines allow 75%.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments:  726 mid score > min required of 680

 

Originated < 24 months Ago

C895FE3E-ABA0-4DF8-8FAC-C348F4E517D8

XXXXXX

XXXXXX

NJ

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments:  805 mid score is > minimum required score of 720

 

CFCFS1739: Positive mortgage payment history

- Clayton Comments:  Borrower(s) have 99 months mortgage payment history of 0/30

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments:  LTV XX.XX% is < maximum allowed 80%

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments:  DTI is 27.66% is < maximum allowed of 45%

 

Originated < 24 months Ago

C30EDFC2-0A8F-452C-830B-B840290541B8

XXXXXX

XXXXXX

CA

QM: Safe Harbor

QM: Safe Harbor (APOR)

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1744: DTI below guideline requirement

- Clayton Comments:  DTI 31.14% is below maximum allowed 50%

 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments:  20.15 months of PITI reserves.

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments:  CLTV XX.XX is below maximum allowed 80%

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments:  Credit score 794 exceeds minimum required 620

 

Originated < 24 months Ago

674C035C-1D6B-43D9-9A15-7EACE62658AB

XXXXXX

XXXXXX

CA

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1736: Significant time at current residence

- Clayton Comments:  12 years at primary residence

 

CFCFS5269: Minimal use of credit

- Clayton Comments:  Minimal usage of available revolving credit lines @ 8.04%

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments:  17+ years at present job

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments:  807 mid score > min required of 620

 

Originated < 24 months Ago

5A1DAA59-00C5-4A7F-B09C-60F7A9517854

XXXXXX

XXXXXX

MA

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments:  22 months mortgage pmt history 0x30

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments:  27.4% DTI is below guideline max of 45%

 

Originated < 24 months Ago

12AA8527-7E6F-43B6-8181-383684CAE2EB

XXXXXX

XXXXXX

FL

QM: Rebuttable Presumption (APOR)

QM: Safe Harbor (APOR)

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

XX.XX% CLTV XX.XX% DTI below guideline requirement of 45%.

 

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments:  Borrower has 0x30x120  months mortgage history.

 

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments:  Borrower has 0x30 for 204 months consumer debt payments.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments:  764 Median FICO > 85 points above guideline minimum.

 

Originated < 24 months Ago

2A2770C9-B41A-4CE6-95EB-B225A9558C2B

XXXXXX

XXXXXX

CA

QM: Rebuttable Presumption (APOR)

QM: Safe Harbor (APOR)

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

XX.XX% CLTV XX.XX% to 50%, subject is XX.XX

 

CFCFS2854: Significant time in profession

- Clayton Comments:  Borrower has significant time in profession, 20 years.

 

CFCFS1736: Significant time at current residence

- Clayton Comments:  Significant time at current residence, 9 years.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments:  732 Credit score exceeds guideline requirement of 720 for loans with DTI from 45.01% to 50%, subject is XX.XX

 

Originated < 24 months Ago

AA2B3F17-8615-4D94-8FEB-AD8E62646E66

XXXXXX

XXXXXX

CA

QM: Rebuttable Presumption (APOR)

QM: Safe Harbor (APOR)

C

A

C

A

A

A

A

A

C

A

C

A

A

A

A

A

Credit

Income/Employment

Satisfied

C

A

C

A

CRDINC150

Income docs do not meet guidelines

No

Missing documentation confirming Borrower is exempt from early withdrawal penalties for XXX retirement account. Per guidelines, the borrower must have unrestricted access without penalty to the accounts. Borrower is currently XXX  years old.

6/30/26 Client provided XXX account showing Investment account with no withdrawal terms and conditions.

6/30/26 Exception satisfied.

(No Data)

Not Applicable

XX.XX% CLTV XX.XX% to 50%, subject is XX.XX

 

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments:  Borrower has 0x30x132132 months with 0x30 mortgage payment history exceeds guidelines of 24 months with 0x30.

 

Originated < 24 months Ago

B4A60271-F288-4134-B8C4-543B642773CD

XXXXXX

XXXXXX

FL

QM: Rebuttable Presumption

QM: Rebuttable Presumption (APOR)

D

B

B

B

B

B

D

A

D

B

B

B

B

B

D

A

Compliance

Right of Rescission

Satisfied

B

A

B

A

CMPROR2043

Cannot determine if funding date is after rescission period

No

Missing ROR.

1/5/23 - Lender provided the fully executed ROR form.

1/5/23 - Exception satisfied

(No Data)

Not Applicable

CFCFS2854: Significant time in profession

- Clayton Comments:  Borrower has been in same profession for 30 years.

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments:  CLTV is XX.XX% below max allowed 80%.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments:  Median FICO > 30 points above guideline minimum

 

Originated > 24 months ago

B4A60271-F288-4134-B8C4-543B642773CD

XXXXXX

XXXXXX

FL

QM: Rebuttable Presumption

QM: Rebuttable Presumption (APOR)

D

B

B

B

B

B

D

A

D

B

B

B

B

B

D

A

Compliance

Right of Rescission

Satisfied

D

A

D

A

CMPROR5345

ROR - Missing or Incomplete Right of Rescission form

No

ROR not in file

1/5/23 - Lender provided the fully executed ROR form.

1/5/23 - Exception satisfied

(No Data)

Not Applicable

CFCFS2854: Significant time in profession

- Clayton Comments:  Borrower has been in same profession for 30 years.

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments:  CLTV is XX.XX% below max allowed 80%.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments:  Median FICO > 30 points above guideline minimum

 

Originated > 24 months ago

B4A60271-F288-4134-B8C4-543B642773CD

XXXXXX

XXXXXX

FL

QM: Rebuttable Presumption

QM: Rebuttable Presumption (APOR)

D

B

B

B

B

B

D

A

D

B

B

B

B

B

D

A

Credit

DTI

Active

B

B

B

B

CRDDTI105

Debt Ratio Exception 5% or Less

No

47.01% DTI exceeds max allowed of 45% using $XX.XX income and $XX.XX debt. Lender used $1,132.23 for 1st lien PITI, review used $2,034 scheduled payment per credit report.

(No Data)

(No Data)

(No Data)

Not Applicable

CFCFS2854: Significant time in profession

- Clayton Comments:  Borrower has been in same profession for 30 years.

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments:  CLTV is XX.XX% below max allowed 80%.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments:  Median FICO > 30 points above guideline minimum

 

Originated > 24 months ago

B4A60271-F288-4134-B8C4-543B642773CD

XXXXXX

XXXXXX

FL

QM: Rebuttable Presumption

QM: Rebuttable Presumption (APOR)

D

B

B

B

B

B

D

A

D

B

B

B

B

B

D

A

Property Valuations

FEMA

Active

B

B

B

B

PRVAFEMA229

Natural Disaster Area, Subseq inspect prior to Disaster (Public)

No

FEMA Declaration XXX for Hurricane XXX effective 11/XX/2022.  Most recent inspection dated 10/XX/2022.

(No Data)

(No Data)

(No Data)

Not Applicable

CFCFS2854: Significant time in profession

- Clayton Comments:  Borrower has been in same profession for 30 years.

 

CFCFS1737: LTV below guideline requirements

- Clayton Comments:  CLTV is XX.XX% below max allowed 80%.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments:  Median FICO > 30 points above guideline minimum

 

Originated > 24 months ago

3A2DD926-F7E8-4B61-AD4B-039B6BF3B6B0

XXXXXX

XXXXXX

FL

QM: Rebuttable Presumption

QM: Rebuttable Presumption

C

A

B

A

C

A

A

A

C

A

B

A

C

A

A

A

Credit

Terms/Guidelines

Satisfied

B

A

B

A

CRDTER146

Missing lender's loan approval/underwriting form

No

Missing lender's loan approval/underwriting form.

1/6/23 Client provided a copy of the 1003 application. Condition remains.1/17/23 Client provided 1008 lender approval

1/17/23 - Exception satisfied.

(No Data)

Not Applicable

CFCFS2854: Significant time in profession

- Clayton Comments:  Borrower has been in the same profession for 45 years.

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments:  22.4 years current job time

 

CFCFS2860: Good credit history

- Clayton Comments:  Deep credit file with all accts. paid as agreed. No judgements, collections.

 

CFCFS1739: Postive mortgage payment history

- Clayton Comments:  24+ mos. mtg. history reviewed with 0X30,60,90 days. Paid as agreed.

 

Originated > 24 months ago

3A2DD926-F7E8-4B61-AD4B-039B6BF3B6B0

XXXXXX

XXXXXX

FL

QM: Rebuttable Presumption

QM: Rebuttable Presumption

C

A

B

A

C

A

A

A

C

A

B

A

C

A

A

A

Property Valuations

FEMA

Satisfied

C

A

C

A

PRVAFEMA4817

Natural Disaster Area, Subseq inspect prior to Disaster (Individual & Public)

No

FEMA Declaration XXX for XXX XXX effective 11/XX/2022.  Most recent inspection dated 10/XX/2022.

1/6/23 Client provided a copy of the inspection report dated 10/XX/22 for Hurricane XXX. FEMA disaster #XXX XXX Effective 11/XX/22. Exception remains.1/17/23 - Client provided inspection report showing no damage date 1/11/23.

1/17/23 - Exception satisfied.

(No Data)

Not Applicable

CFCFS2854: Significant time in profession

- Clayton Comments:  Borrower has been in the same profession for 45 years.

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments:  22.4 years current job time

 

CFCFS2860: Good credit history

- Clayton Comments:  Deep credit file with all accts. paid as agreed. No judgements, collections.

 

CFCFS1739: Postive mortgage payment history

- Clayton Comments:  24+ mos. mtg. history reviewed with 0X30,60,90 days. Paid as agreed.

 

Originated > 24 months ago

49304E92-457A-48EE-B89B-0E914E08DDFA

XXXXXX

XXXXXX

FL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

B

A

C

A

B

B

C

B

B

A

C

A

B

B

Compliance

RESPA

Active

B

B

B

B

CMPRESPA863

RESPA: Required Affiliate Business Disclosure missing

No

Missing Affiliate Business Disclosure.

(No Data)

(No Data)

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement

- Clayton Comments:  DTI 29.59%, Program allows 45%

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments:  10 years 7 months on job.

 

CFCFS1736: Significant time at current residence

- Clayton Comments:  5 years 5 months in current residence.

 

Originated > 24 months ago

49304E92-457A-48EE-B89B-0E914E08DDFA

XXXXXX

XXXXXX

FL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

B

A

C

A

B

B

C

B

B

A

C

A

B

B

Credit

Terms/Guidelines

Satisfied

B

A

B

A

CRDTER146

Missing lender's loan approval/underwriting form

No

Missing lender's loan approval/underwriting form.

1/6/23 - Lender provided 1008.

1/6/23 - Exception satisfied.

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement

- Clayton Comments:  DTI 29.59%, Program allows 45%

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments:  10 years 7 months on job.

 

CFCFS1736: Significant time at current residence

- Clayton Comments:  5 years 5 months in current residence.

 

Originated > 24 months ago

49304E92-457A-48EE-B89B-0E914E08DDFA

XXXXXX

XXXXXX

FL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

B

A

C

A

B

B

C

B

B

A

C

A

B

B

Property Valuations

FEMA

Satisfied

C

A

C

A

PRVAFEMA181

Natural Disaster Area, inspection indicates damage (Individual & Public)

No

Post close inspection in file indicates damage.

1.4.23 Agree - FEMA damage (Site inspection in file). 1/17/23 - Client provided Inspection report dated 1/XX/23 showing all damage repaired.

1/17/23 - Exception satisfied.

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement

- Clayton Comments:  DTI 29.59%, Program allows 45%

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments:  10 years 7 months on job.

 

CFCFS1736: Significant time at current residence

- Clayton Comments:  5 years 5 months in current residence.

 

Originated > 24 months ago

49304E92-457A-48EE-B89B-0E914E08DDFA

XXXXXX

XXXXXX

FL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

B

A

C

A

B

B

C

B

B

A

C

A

B

B

Property Valuations

FEMA

Satisfied

C

A

C

A

PRVAFEMA4817

Natural Disaster Area, Subseq inspect prior to Disaster (Individual & Public)

No

Post close inspection in file indicates damage.

1.4.23 Agree - FEMA damage (Site inspection in file). 1/17/23 - Client provided Inspection report dated 1/XX/23 showing all damage repaired.

1/17/23 - Exception satisfied.

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement

- Clayton Comments:  DTI 29.59%, Program allows 45%

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments:  10 years 7 months on job.

 

CFCFS1736: Significant time at current residence

- Clayton Comments:  5 years 5 months in current residence.

 

Originated > 24 months ago

85164765-E8B3-4202-9F6C-6C0B3D3DB279

XXXXXX

XXXXXX

GA

QM: Rebuttable Presumption

QM: Rebuttable Presumption (APOR)

B

A

B

A

A

A

A

A

B

A

B

A

A

A

A

A

Credit

Terms/Guidelines

Satisfied

B

A

B

A

CRDTER146

Missing lender's loan approval/underwriting form

No

Missing lender's loan approval/underwriting form

1/6/23 - Lender provided 1008.

1/6/23 - Exception satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV XX.XX% is below guideline requirements

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments:  Credit score of 816 exceeds guidelines

 

Originated > 24 months ago

CAAC16FB-CEE7-490F-96CD-0A01AD7FA2ED

XXXXXX

XXXXXX

MO

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments:  XXX Credit score exceeds guidelines of 700.

 

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments:  Mortgage payment history exceeds guidelines verified from 3/2016 to 8/2022 with 0x30.

 

Originated > 24 months ago

DC2CF31B-5060-4729-A014-37E0432DCE99

XXXXXX

XXXXXX

AZ

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

D

B

D

B

A

A

D

A

D

B

D

B

A

A

D

A

Compliance

Right of Rescission

Satisfied

B

A

B

A

CMPROR2043

Cannot determine if funding date is after rescission period

No

Exception triggered due to the missing Right of Rescission Form

01/05/2023 Client provided a copy of signed ROR. Condition satisfied

01/05/2023 Condition satisfied

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement

- Clayton Comments:  DTI of 31.44 below guidelines.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments:  Credit score of 806 exceeds guidelines.

 

Originated > 24 months ago

DC2CF31B-5060-4729-A014-37E0432DCE99

XXXXXX

XXXXXX

AZ

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

D

B

D

B

A

A

D

A

D

B

D

B

A

A

D

A

Compliance

Right of Rescission

Satisfied

D

A

D

A

CMPROR5345

ROR - Missing or Incomplete Right of Rescission form

No

Missing Right of Rescission Form

01/05/2023 Client provided a copy of signed ROR. Condition satisfied

01/05/2023 Condition satisfied

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement

- Clayton Comments:  DTI of 31.44 below guidelines.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments:  Credit score of 806 exceeds guidelines.

 

Originated > 24 months ago

DC2CF31B-5060-4729-A014-37E0432DCE99

XXXXXX

XXXXXX

AZ

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

D

B

D

B

A

A

D

A

D

B

D

B

A

A

D

A

Credit

Application

Active

D

B

D

B

CRDAPP3822

Missing or incomplete documentation related to citizenship/residency

No

Co-borrower is a XXX with-out documentation. Per guidelines ineligible borrower.

1/27/23 - Lender granted a Single Loan Variance to allow the XXX exception.

1/27/23 - Exception reduced to a non-material B.

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement

- Clayton Comments:  DTI of 31.44 below guidelines.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments:  Credit score of 806 exceeds guidelines.

 

Originated > 24 months ago

DC2CF31B-5060-4729-A014-37E0432DCE99

XXXXXX

XXXXXX

AZ

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

D

B

D

B

A

A

D

A

D

B

D

B

A

A

D

A

Credit

Terms/Guidelines

Satisfied

B

A

B

A

CRDTER146

Missing lender's loan approval/underwriting form

No

 Missing lender's loan approval/underwriting form.

1/6/23 - Lender provided 1008.

1/6/23 - Exception satisfied.

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement

- Clayton Comments:  DTI of 31.44 below guidelines.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments:  Credit score of 806 exceeds guidelines.

 

Originated > 24 months ago

31146721-B2D4-444C-BE66-505919C33EB5

XXXXXX

XXXXXX

NV

Non-QM: Lender documented all ATR UW factors

QM: Rebuttable Presumption

D

B

B

A

A

A

D

B

D

B

B

A

A

A

D

B

Compliance

RESPA

Active

B

B

B

B

CMPRESPA863

RESPA: Required Affiliate Business Disclosure missing

No

Missing Affiliate Business Disclosure.

(No Data)

(No Data)

(No Data)

Not Applicable

CFCFS2854: Significant time in profession

- Clayton Comments:  25 years in same line of work/profession

 

CFCFS1739: Postive mortgage payment history

- Clayton Comments:  24+ mos. mtg. history reviewed with 0X30,60,90 days. Paid as agreed.

 

Originated > 24 months ago

31146721-B2D4-444C-BE66-505919C33EB5

XXXXXX

XXXXXX

NV

Non-QM: Lender documented all ATR UW factors

QM: Rebuttable Presumption

D

B

B

A

A

A

D

B

D

B

B

A

A

A

D

B

Compliance

Right of Rescission

Satisfied

B

A

B

A

CMPROR2043

Cannot determine if funding date is after rescission period

No

Need Right of Rescission form

1/5/23 - Lender provided the fully executed ROR form.

1/5/23 - Exception satisfied

(No Data)

Not Applicable

CFCFS2854: Significant time in profession

- Clayton Comments:  25 years in same line of work/profession

 

CFCFS1739: Postive mortgage payment history

- Clayton Comments:  24+ mos. mtg. history reviewed with 0X30,60,90 days. Paid as agreed.

 

Originated > 24 months ago

31146721-B2D4-444C-BE66-505919C33EB5

XXXXXX

XXXXXX

NV

Non-QM: Lender documented all ATR UW factors

QM: Rebuttable Presumption

D

B

B

A

A

A

D

B

D

B

B

A

A

A

D

B

Compliance

Right of Rescission

Satisfied

D

A

D

A

CMPROR5345

ROR - Missing or Incomplete Right of Rescission form

No

Missing Right of Rescission form

1/5/23 - Lender provided the fully executed ROR form.

1/5/23 - Exception satisfied

(No Data)

Not Applicable

CFCFS2854: Significant time in profession

- Clayton Comments:  25 years in same line of work/profession

 

CFCFS1739: Postive mortgage payment history

- Clayton Comments:  24+ mos. mtg. history reviewed with 0X30,60,90 days. Paid as agreed.

 

Originated > 24 months ago

31146721-B2D4-444C-BE66-505919C33EB5

XXXXXX

XXXXXX

NV

Non-QM: Lender documented all ATR UW factors

QM: Rebuttable Presumption

D

B

B

A

A

A

D

B

D

B

B

A

A

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

A

C

A

CMPTRID3626

TRID - CD: Loan consummated before end of waiting period

No

Missing evidence the borrower acknowledged Initial CD 09/XX/2022 three days prior to the consummation date XXX.

1/5/23 - Lender provided the E-sign Summary confirming delivery of the Initial CD on 9/14.

1/5/23 - Exception satisfied

(No Data)

Not Applicable

CFCFS2854: Significant time in profession

- Clayton Comments:  25 years in same line of work/profession

 

CFCFS1739: Postive mortgage payment history

- Clayton Comments:  24+ mos. mtg. history reviewed with 0X30,60,90 days. Paid as agreed.

 

Originated > 24 months ago

31146721-B2D4-444C-BE66-505919C33EB5

XXXXXX

XXXXXX

NV

Non-QM: Lender documented all ATR UW factors

QM: Rebuttable Presumption

D

B

B

A

A

A

D

B

D

B

B

A

A

A

D

B

Credit

Terms/Guidelines

Satisfied

B

A

B

A

CRDTER146

Missing lender's loan approval/underwriting form

No

Missing lender approval/ 1008.

1.5.23 - Lender provided 1008/approval

1.5.23 - Exception satisfied

(No Data)

Not Applicable

CFCFS2854: Significant time in profession

- Clayton Comments:  25 years in same line of work/profession

 

CFCFS1739: Postive mortgage payment history

- Clayton Comments:  24+ mos. mtg. history reviewed with 0X30,60,90 days. Paid as agreed.

 

Originated > 24 months ago

FBFA458B-0C43-4BC9-A6FA-464886F482AA

XXXXXX

XXXXXX

VA

QM: Rebuttable Presumption

QM: Rebuttable Presumption (APOR)

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

RESPA

Active

B

B

B

B

CMPRESPA863

RESPA: Required Affiliate Business Disclosure missing

No

Missing Affiliate Business Disclosure.

(No Data)

(No Data)

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job

- Clayton Comments:  7.6 years current job time

 

CFCFS1739: Postive mortgage payment history

- Clayton Comments:  17 mos. mtg. payment hist. reviewed with 0X30,60,90 days

 

CFCFS1736: Significant time at current residence

- Clayton Comments:  5.4 years

 

Originated > 24 months ago

D91C7B2E-867E-4025-8C0F-BEC2820EDB80

XXXXXX

XXXXXX

NV

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

A

B

A

A

A

A

A

B

A

B

A

A

A

A

A

Credit

Terms/Guidelines

Satisfied

B

A

B

A

CRDTER146

Missing lender's loan approval/underwriting form

No

Missing lender's loan approval/underwriting form.

1/6/23 - Lender provided 1008.

1/6/23 - Exception satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments:  741 Credit score exceeds guidelines of 700.

 

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments:  Mortgage payment history exceeds guidelines verified from 11/2014 to 8/2022.

 

Originated > 24 months ago

A2CBBFA1-BEDD-4996-AB31-E695C03D18CD

XXXXXX

XXXXXX

FL

QM: Rebuttable Presumption (APOR)

QM: Rebuttable Presumption (APOR)

B

B

B

A

B

B

A

A

B

B

B

A

B

B

A

A

Credit

Terms/Guidelines

Satisfied

B

A

B

A

CRDTER146

Missing lender's loan approval/underwriting form

No

Missing lender's loan approval/underwriting form.

1/6/23 - Lender provided 1008.

1/6/23 - Exception satisfied.

(No Data)

Not Applicable

CFCFS2854: Significant time in profession

- Clayton Comments:  Borrower has been in this line of work in the past: 20 years

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments:  763 Credit score exceeds guidelines of 700.

 

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments:  Mortgage payment history exceeds guidelines verified from 5/2005 to 8/2022 with 0x30.

 

Originated > 24 months ago

A2CBBFA1-BEDD-4996-AB31-E695C03D18CD

XXXXXX

XXXXXX

FL

QM: Rebuttable Presumption (APOR)

QM: Rebuttable Presumption (APOR)

B

B

B

A

B

B

A

A

B

B

B

A

B

B

A

A

Property Valuations

FEMA

Active

B

B

B

B

PRVAFEMA229

Natural Disaster Area, Subseq inspect prior to Disaster (Public)

No

FEMA Declaration XXX for Hurricane XXX effective 11/XX/2022.  Most recent inspection dated 10/XX/2022.

(No Data)

(No Data)

(No Data)

Not Applicable

CFCFS2854: Significant time in profession

- Clayton Comments:  Borrower has been in this line of work in the past: 20 years

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments:  763 Credit score exceeds guidelines of 700.

 

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments:  Mortgage payment history exceeds guidelines verified from 5/2005 to 8/2022 with 0x30.

 

Originated > 24 months ago

9CD1C5BA-DA45-4D97-9425-962A937A4BEA

XXXXXX

XXXXXX

AZ

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

A

A

D

A

D

A

A

A

A

A

D

A

Compliance

Right of Rescission

Satisfied

B

A

B

A

CMPROR2043

Cannot determine if funding date is after rescission period

No

Missing Right of Rescission.

1/5/23 - Lender provided the fully executed ROR form.

1/5/23 - Exception satisfied

(No Data)

Not Applicable

CFCFS1736: Significant time at current residence

- Clayton Comments:  Borrower has owned and resided in subject residence for 19 years.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments:  Credit score is > 10 points above guideline maximum of 700

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments:  DTI of 32.27% below guidelines

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments:  B1 has 10 years at current job.

 

Originated > 24 months ago

9CD1C5BA-DA45-4D97-9425-962A937A4BEA

XXXXXX

XXXXXX

AZ

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

A

A

D

A

D

A

A

A

A

A

D

A

Compliance

Right of Rescission

Satisfied

D

A

D

A

CMPROR5345

ROR - Missing or Incomplete Right of Rescission form

No

Missing Right of Rescission.

1/5/23 - Lender provided the fully executed ROR form.

1/5/23 - Exception satisfied

(No Data)

Not Applicable

CFCFS1736: Significant time at current residence

- Clayton Comments:  Borrower has owned and resided in subject residence for 19 years.

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments:  Credit score is > 10 points above guideline maximum of 700

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments:  DTI of 32.27% below guidelines

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments:  B1 has 10 years at current job.

 

Originated > 24 months ago

AED7C050-319F-460B-8551-253854525A7F

XXXXXX

XXXXXX

PA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

C

A

A

A

B

B

C

B

C

A

A

A

B

B

Compliance

Finance Charge Tolerance

Satisfied

B

B

B

B

CMPFINT4372

TILA/TRID-Disclosed Amount Financed is higher than Clayton's calculated Amount Financed

No

CD: 09/29/2022-2 [Last CD], Section: Loan Calculations, Field: Amount Financed, Value: XXXField: Amount Financed as Calculated, Value: XXX; which Disclosed Amount Financed is higher than Clayton's calculated Amount Financed. Corrected on PCCD 9/30/2022. Exception satisfied

(No Data)

(No Data)

Numeric

Not Applicable

CFCFS1744: DTI below guideline requirement

- Clayton Comments:  26.22% DTI is below max allowable of 45%

 

CFCFS2854: Significant time in profession

- Clayton Comments:  Borrower has 10 years in profession

 

Originated > 24 months ago

AED7C050-319F-460B-8551-253854525A7F

XXXXXX

XXXXXX

PA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

C

A

A

A

B

B

C

B

C

A

A

A

B

B

Compliance

State Late Charges

Active

B

B

B

B

CMPSLC1121

Late Charge percentage exceeds customary maximum

No

Late charge percentage exceeds the customary maximum.  Per the Note, the late charge percentage is 10%

(No Data)

(No Data)

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement

- Clayton Comments:  26.22% DTI is below max allowable of 45%

 

CFCFS2854: Significant time in profession

- Clayton Comments:  Borrower has 10 years in profession

 

Originated > 24 months ago

AED7C050-319F-460B-8551-253854525A7F

XXXXXX

XXXXXX

PA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

C

A

A

A

B

B

C

B

C

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4056

TRID - CD: The Total Payment Amount on the Loan Calculation section of the Final Closing Disclosure is less than the Clayton Calculated Total Payment Amount

No

CD: 09/29/2022-2 [Last CD], Section: Loan Calculation, Field: Total of Payments, CD Value: XXX, eCLAS Value: XXX. The Total of payments on the Post CD match the eClas amount.Exception satisfied with PCCD 9/30/2022

(No Data)

(No Data)

Numeric

Not Applicable

CFCFS1744: DTI below guideline requirement

- Clayton Comments:  26.22% DTI is below max allowable of 45%

 

CFCFS2854: Significant time in profession

- Clayton Comments:  Borrower has 10 years in profession

 

Originated > 24 months ago

AED7C050-319F-460B-8551-253854525A7F

XXXXXX

XXXXXX

PA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

C

A

A

A

B

B

C

B

C

A

A

A

B

B

Credit

Income/Employment

Satisfied

C

A

C

A

CRDINC2488

Verbal verification of employment missing

No

Missing VVOE dated within 10 days of close per guidelines

1/5/22 client provided VVOE within 10 days of the note date.

1/5/22 condition satisfied.

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement

- Clayton Comments:  26.22% DTI is below max allowable of 45%

 

CFCFS2854: Significant time in profession

- Clayton Comments:  Borrower has 10 years in profession

 

Originated > 24 months ago

AED7C050-319F-460B-8551-253854525A7F

XXXXXX

XXXXXX

PA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

C

A

A

A

B

B

C

B

C

A

A

A

B

B

Credit

Terms/Guidelines

Satisfied

B

A

B

A

CRDTER146

Missing lender's loan approval/underwriting form

No

Missing lender approval/underwriting form

1/6/23 - Lender provided 1008.

1/6/23 - Exception satisfied.

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement

- Clayton Comments:  26.22% DTI is below max allowable of 45%

 

CFCFS2854: Significant time in profession

- Clayton Comments:  Borrower has 10 years in profession

 

Originated > 24 months ago

C499CAC8-5979-4CDE-A1AD-0903A5C36FFE

XXXXXX

XXXXXX

FL

Non-QM: Lender documented all ATR UW factors

QM: Rebuttable Presumption

C

B

B

A

C

B

B

B

C

B

B

A

C

B

B

B

Compliance

RESPA

Active

B

B

B

B

CMPRESPA863

RESPA: Required Affiliate Business Disclosure missing

No

Missing Affiliate Business Disclosure.

(No Data)

(No Data)

(No Data)

Not Applicable

XX.XX% CLTV is XX.XX%

 

Originated > 24 months ago

C499CAC8-5979-4CDE-A1AD-0903A5C36FFE

XXXXXX

XXXXXX

FL

Non-QM: Lender documented all ATR UW factors

QM: Rebuttable Presumption

C

B

B

A

C

B

B

B

C

B

B

A

C

B

B

B

Credit

Terms/Guidelines

Satisfied

B

A

B

A

CRDTER146

Missing lender's loan approval/underwriting form

No

Missing lender's loan approval/underwriting form.

1/6/23 - Lender provided 1008.

1/6/23 - Exception satisfied.

(No Data)

Not Applicable

XX.XX% CLTV is XX.XX%

 

Originated > 24 months ago

C499CAC8-5979-4CDE-A1AD-0903A5C36FFE

XXXXXX

XXXXXX

FL

Non-QM: Lender documented all ATR UW factors

QM: Rebuttable Presumption

C

B

B

A

C

B

B

B

C

B

B

A

C

B

B

B

Property Valuations

FEMA

Active

B

B

B

B

PRVAFEMA229

Natural Disaster Area, Subseq inspect prior to Disaster (Public)

No

FEMA Disaster declaration date 12/XX/22, Hurricane XXX #XXX, PublicFEMA Disaster provided is dated 10.XX.2022 for Hurricane XXX , still missing disaster inspection for Hurricane XXX to be dated after 12.XX.2022

(No Data)

(No Data)

(No Data)

Not Applicable

XX.XX% CLTV is XX.XX%

 

Originated > 24 months ago

C499CAC8-5979-4CDE-A1AD-0903A5C36FFE

XXXXXX

XXXXXX

FL

Non-QM: Lender documented all ATR UW factors

QM: Rebuttable Presumption

C

B

B

A

C

B

B

B

C

B

B

A

C

B

B

B

Property Valuations

FEMA

Satisfied

C

A

C

A

PRVAFEMA858

Natural Disaster Area, no subsequent inspection  (Individual & Public)

No

FEMA Disaster declaration date 9/XX/22, Hurricane XXX #XXX Note Date XXXNo subsequent inspection was done after the disaster

1/5/2023 Lender provided Post disaster inspection dated 10.7.2022 with no damage along with exterior photos

Exception satisfied

(No Data)

Not Applicable

XX.XX% CLTV is XX.XX%

 

Originated > 24 months ago

1BB18D62-6C67-49C7-9C0C-C804EA88FD0B

XXXXXX

XXXXXX

PA

QM: Rebuttable Presumption

QM: Rebuttable Presumption (APOR)

B

B

B

A

A

A

B

B

B

B

B

A

A

A

B

B

(No Data)

Originated > 24 months ago

1BB18D62-6C67-49C7-9C0C-C804EA88FD0B

XXXXXX

XXXXXX

PA

QM: Rebuttable Presumption

QM: Rebuttable Presumption (APOR)

B

B

B

A

A

A

B

B

B

B

B

A

A

A

B

B

Compliance

State Late Charges

Active

B

B

B

B

CMPSLC1121

Late Charge percentage exceeds customary maximum

No

Per Note, the late charge is 10.000% of the overdue monthly principal and interest if received after (15) grace days have expired.

(No Data)

(No Data)

(No Data)

Not Applicable

(No Data)

Originated > 24 months ago

1BB18D62-6C67-49C7-9C0C-C804EA88FD0B

XXXXXX

XXXXXX

PA

QM: Rebuttable Presumption

QM: Rebuttable Presumption (APOR)

B

B

B

A

A

A

B

B

B

B

B

A

A

A

B

B

Credit

Terms/Guidelines

Satisfied

B

A

B

A

CRDTER146

Missing lender's loan approval/underwriting form

No

File missing lender approval

1/6/23 - Lender provided 1008.

1/6/23 - Exception satisfied.

(No Data)

Not Applicable

(No Data)

Originated > 24 months ago

67145A1A-8E07-446E-989B-33E9BD0FCA78

XXXXXX

XXXXXX

VA

QM: Rebuttable Presumption (APOR)

QM: Rebuttable Presumption (APOR)

B

A

B

A

A

A

A

A

B

A

B

A

A

A

A

A

Credit

Terms/Guidelines

Satisfied

B

A

B

A

CRDTER146

Missing lender's loan approval/underwriting form

No

Missing lender approval and/or 1008.

1/6/23 - Lender provided 1008.

1/6/23 - Exception satisfied.

(No Data)

Not Applicable

CFCFS1736: Significant time at current residence

- Clayton Comments:  The borrower has occupied the subject property for 9 years 8 months.

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments:  Borrower has been XXX for 25 years

 

Originated > 24 months ago

DDAAEB8D-77A6-408A-8F52-7B64AFCD53A9

XXXXXX

XXXXXX

GA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

A

B

A

A

A

A

A

B

A

B

A

A

A

A

A

Credit

Terms/Guidelines

Satisfied

B

A

B

A

CRDTER146

Missing lender's loan approval/underwriting form

No

Missing lender's loan approval/underwriting form.

1/6/23 - Lender provided 1008.

1/6/23 - Exception satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments:  722 Credit score exceeds guidelines of 700.

 

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments:  Mortgage payment history exceeds guidelines verified from 4/2019 to 9/2022 with 0x30.

 

Originated > 24 months ago

D4E919DD-AAAA-4E17-A49F-C957E74FE874

XXXXXX

XXXXXX

FL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

Property Valuations

FEMA

Active

B

B

B

B

PRVAFEMA856

Natural Disaster Area, no subsequent inspection (Public)

No

FEMA declaration date 9/XX/22, Hurricane XXX  #XXXX. Note Date XXX No subsequent inspection was done after the disaster

1.4.23 Agree

(No Data)

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements

- Clayton Comments:  XX.XX% LTV is below max allowable of 80%

 

Originated > 24 months ago

84316665-D4AC-4A88-AFC6-966F7BDEEC26

XXXXXX

XXXXXX

FL

QM: Rebuttable Presumption

QM: Rebuttable Presumption (APOR)

D

B

D

A

B

B

B

B

D

B

D

A

B

B

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID3670

TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation

No

Zero tolerance increase due to Application fee added to final LE 09/XX/22 $100 section A, fee addition not included on COC. No cure provided on borrower final CD prior to close XXX. Post CD 11/XX/22 provided with Lender cure of $100 included to satisfy condition. Exception satisfied.

(No Data)

12/14/2022 Condition Satisfied.

(No Data)

Not Applicable

CFCFS2854: Significant time in profession

- Clayton Comments:  Borrower has worked in the same profession for 15 years.

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments:  DTI is 34.35%; guidelines allow 45%

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments:  8.5 years current job time

 

CFCFS1739: Postive mortgage payment history

- Clayton Comments:  24 mos. mtg. payment history verified with 0X30,60,90 days.

 

Originated > 24 months ago

84316665-D4AC-4A88-AFC6-966F7BDEEC26

XXXXXX

XXXXXX

FL

QM: Rebuttable Presumption

QM: Rebuttable Presumption (APOR)

D

B

D

A

B

B

B

B

D

B

D

A

B

B

B

B

Credit

Legal Documents

Satisfied

D

A

D

A

CRDLGL2277

Note Not Executed

No

No executed Note provided. Condition pending receipt copy of executed Note.

01/05/2023 Client provided fully executed Note. Condition Satisfied.

01/05/2023 Condition Satisfied.

(No Data)

Not Applicable

CFCFS2854: Significant time in profession

- Clayton Comments:  Borrower has worked in the same profession for 15 years.

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments:  DTI is 34.35%; guidelines allow 45%

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments:  8.5 years current job time

 

CFCFS1739: Postive mortgage payment history

- Clayton Comments:  24 mos. mtg. payment history verified with 0X30,60,90 days.

 

Originated > 24 months ago

84316665-D4AC-4A88-AFC6-966F7BDEEC26

XXXXXX

XXXXXX

FL

QM: Rebuttable Presumption

QM: Rebuttable Presumption (APOR)

D

B

D

A

B

B

B

B

D

B

D

A

B

B

B

B

Credit

Terms/Guidelines

Satisfied

B

A

B

A

CRDTER146

Missing lender's loan approval/underwriting form

No

Missing lender approval and/or 1008.

1/6/23 - Lender provided 1008.

1/6/23 - Exception satisfied.

(No Data)

Not Applicable

CFCFS2854: Significant time in profession

- Clayton Comments:  Borrower has worked in the same profession for 15 years.

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments:  DTI is 34.35%; guidelines allow 45%

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments:  8.5 years current job time

 

CFCFS1739: Postive mortgage payment history

- Clayton Comments:  24 mos. mtg. payment history verified with 0X30,60,90 days.

 

Originated > 24 months ago

84316665-D4AC-4A88-AFC6-966F7BDEEC26

XXXXXX

XXXXXX

FL

QM: Rebuttable Presumption

QM: Rebuttable Presumption (APOR)

D

B

D

A

B

B

B

B

D

B

D

A

B

B

B

B

Property Valuations

FEMA

Active

B

B

B

B

PRVAFEMA856

Natural Disaster Area, no subsequent inspection (Public)

No

No inspection since the FEMA Disaster 9/XX/2022- Hurricane XXX-. Clayton grades FEMA: Natural Disaster Area, no subsequent inspection (Public) as a non-material B due to the fact that FEMA Public Assistance disasters encompass work eligible for reimbursement through a public assistance grant.  These can include: debris removal, emergency protective measures, maintenance of roads and bridges, water control facilities, utilities, parks and recreational facilities.  Public Assistance does not indicate that damage has occurred to personal property and does not have a substantive impact on the property.

1.4.23 Agree

(No Data)

(No Data)

Not Applicable

CFCFS2854: Significant time in profession

- Clayton Comments:  Borrower has worked in the same profession for 15 years.

 

CFCFS1744: DTI below guideline requirement

- Clayton Comments:  DTI is 34.35%; guidelines allow 45%

 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments:  8.5 years current job time

 

CFCFS1739: Postive mortgage payment history

- Clayton Comments:  24 mos. mtg. payment history verified with 0X30,60,90 days.

 

Originated > 24 months ago

7C1209F1-2088-41F1-B6B7-8C992D17C737

XXXXXX

XXXXXX

CA

QM: Rebuttable Presumption

QM: Rebuttable Presumption (APOR)

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Compliance

Finance Charge Tolerance

Satisfied

C

B

C

B

CMPFINT106

Finance charge understated by more than $100 (Pmt Stream)

No

Finance charges are understated by $250.00, Missing list of fees included in APR and breakdown of credits when applicable.

1/6/23 - Lender provided a rebuttal stating they agree with the overstated Amount Financed by $250 but the Finance Charge is not understated (TILA Finance Charge test and List of Finance charges included). Exception remains. The Finance charge test only includes the Amount Financed difference and a list of the Fee finance charges (which matches the internal testing fees). Internal testing results in total Finance Charges of $XX.XX, however the Final/Post CD Finance Charges show $XX.XX. The CD Finance Charges are understated by $250. Provide borrower with a $250 refund, corrected Post CD, LOE, proof of delivery that includes tracking information, and reopen rescission with dates allowing for method of delivery.1/17/23 - XXX provided was for a different file XXX 1/19/23 - Upon further review the lender had provided a credit of $448.40, from the required tolerance cure of $238.40 and the additional cure required of $250.

1/19/23 - Exception satisfied.

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement

- Clayton Comments:  Maximum DTI 45% current DTI  32.89%

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments:  Minimum credit score 700 current credit score 723

 

CFCFS2860: Good credit history

- Clayton Comments:  Borrower has no history of late payments

 

Originated > 24 months ago

7C1209F1-2088-41F1-B6B7-8C992D17C737

XXXXXX

XXXXXX

CA

QM: Rebuttable Presumption

QM: Rebuttable Presumption (APOR)

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Compliance

Finance Charge Tolerance

Satisfied

C

B

C

B

CMPFINT4372

TILA/TRID-Disclosed Amount Financed is higher than Clayton's calculated Amount Financed

No

Final and Post Close CDs disclosed Amount Financed of $XX.XX, per Clayton paystream calculations, Amount Financed is $XX.XX,resulting in overstated Amount Financed of $250.00.

1/6/23 - Lender provided an Amount Financed test and LOE stating they agree with the overstated Amount Financed by $250. Exception remains. Provide borrower with a corrected Post CD, LOE, proof of delivery and reopen rescission with dates allowing for method of delivery.1/17/23 - XXX provided was for a different file XXX 1/19/23 - Upon further review the lender had provided a credit of $448.40, from the required tolerance cure of $238.40 and the additional cure required of $250.

1/19/23 - Exception satisfied.

Numeric

Not Applicable

CFCFS1744: DTI below guideline requirement

- Clayton Comments:  Maximum DTI 45% current DTI  32.89%

 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments:  Minimum credit score 700 current credit score 723

 

CFCFS2860: Good credit history

- Clayton Comments:  Borrower has no history of late payments

 

Originated > 24 months ago

D2B95E04-3413-4F78-8DF1-0F67DEF06331

XXXXXX

XXXXXX

FL

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

D

B

D

A

D

B

D

B

D

B

D

A

D

B

D

B

Compliance

Ability to Repay/Qualified Mortgage

Satisfied

C

A

C

A

CMPATRQM2900

TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; Clayton's status determination places loan in a riskier status than the Lender's status determination.

No

Loan subject to Ability to Repay/Qualified Mortgage rule; Clayton's status determination places loan in a riskier status than the Lender's status determination.

1/5/22 client provided income documentation and credit report.

1/5/22 condition satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments:  XX.XX%  CLTV below guideline requirements of 80%.

 

CFCFS1752: No Verified Compensating Factors

- Clayton Comments:  missing documentation to determine

 

Originated > 24 months ago

D2B95E04-3413-4F78-8DF1-0F67DEF06331

XXXXXX

XXXXXX

FL

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

D

B

D

A

D

B

D

B

D

B

D

A

D

B

D

B

Compliance

Ability to Repay/Qualified Mortgage

Satisfied

C

A

C

A

CMPATRQM2906

TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; is not a Qualified Mortgage Lender did not document that they considered all ATR UW factors

No

Loan subject to Ability to Repay/Qualified Mortgage rule; is not a Qualified Mortgage Lender did not document that they considered all ATR UW factors

1/5/22 client provided income documentation and credit report.

1/5/22 condition satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments:  XX.XX%  CLTV below guideline requirements of 80%.

 

CFCFS1752: No Verified Compensating Factors

- Clayton Comments:  missing documentation to determine

 

Originated > 24 months ago

D2B95E04-3413-4F78-8DF1-0F67DEF06331

XXXXXX

XXXXXX

FL

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

D

B

D

A

D

B

D

B

D

B

D

A

D

B

D

B

Compliance

Ability to Repay/Qualified Mortgage

Satisfied

D

A

D

A

CMPATRQM3220

TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; the loan file is missing documents to complete the ATR/QM review and render an accurate ATR/QM status.

No

Missing Credit, Income docs, Value, Title, Mortgage History.

1/5/22 client provided income documentation and credit report.

1/5/22 condition satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments:  XX.XX%  CLTV below guideline requirements of 80%.

 

CFCFS1752: No Verified Compensating Factors

- Clayton Comments:  missing documentation to determine

 

Originated > 24 months ago

D2B95E04-3413-4F78-8DF1-0F67DEF06331

XXXXXX

XXXXXX

FL

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

D

B

D

A

D

B

D

B

D

B

D

A

D

B

D

B

Compliance

RESPA

Active

B

B

B

B

CMPRESPA2698

RESPA - List of homeowners counseling organizations not in file

No

Missing homeowners counseling organizations lists.

(No Data)

(No Data)

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments:  XX.XX%  CLTV below guideline requirements of 80%.

 

CFCFS1752: No Verified Compensating Factors

- Clayton Comments:  missing documentation to determine

 

Originated > 24 months ago

D2B95E04-3413-4F78-8DF1-0F67DEF06331

XXXXXX

XXXXXX

FL

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

D

B

D

A

D

B

D

B

D

B

D

A

D

B

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

A

C

A

CMPTRID3618

TRID - Corrected CD should have been provided; Change of Product or Product Feature not disclosed at least 3 business days prior to closing

No

Missing Initial CD.

01/05/2023 Client provided missing Initial CD 10/13.  Condition Satisfied.

01/05/2023 Condition Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments:  XX.XX%  CLTV below guideline requirements of 80%.

 

CFCFS1752: No Verified Compensating Factors

- Clayton Comments:  missing documentation to determine

 

Originated > 24 months ago

D2B95E04-3413-4F78-8DF1-0F67DEF06331

XXXXXX

XXXXXX

FL

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

D

B

D

A

D

B

D

B

D

B

D

A

D

B

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

A

C

A

CMPTRID3626

TRID - CD: Loan consummated before end of waiting period

No

Missing evidence the borrower acknowledged the initial CD three days prior to the consummation date  XXX.

01/05/2023 Client provided missing Initial CD 10/13.  Condition Satisfied.

01/05/2023 Condition Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments:  XX.XX%  CLTV below guideline requirements of 80%.

 

CFCFS1752: No Verified Compensating Factors

- Clayton Comments:  missing documentation to determine

 

Originated > 24 months ago

D2B95E04-3413-4F78-8DF1-0F67DEF06331

XXXXXX

XXXXXX

FL

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

D

B

D

A

D

B

D

B

D

B

D

A

D

B

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

D

A

D

A

CMPTRID4579

TRID - CD: Missing Initial CD

No

Missing Initial CD.

01/05/2023 Client provided missing Initial CD 10/13.  Condition Satisfied.

01/05/2023 Condition Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments:  XX.XX%  CLTV below guideline requirements of 80%.

 

CFCFS1752: No Verified Compensating Factors

- Clayton Comments:  missing documentation to determine

 

Originated > 24 months ago

D2B95E04-3413-4F78-8DF1-0F67DEF06331

XXXXXX

XXXXXX

FL

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

D

B

D

A

D

B

D

B

D

B

D

A

D

B

D

B

Credit

Credit/Mtg History

Satisfied

B

A

B

A

CRDCRMH3000

# of Tradelines Does Not Meet Guideline Requirements

No

Missing credit report evidencing trade lines.

1/5/22 client provided credit report.

1/5/22 condition satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments:  XX.XX%  CLTV below guideline requirements of 80%.

 

CFCFS1752: No Verified Compensating Factors

- Clayton Comments:  missing documentation to determine

 

Originated > 24 months ago

D2B95E04-3413-4F78-8DF1-0F67DEF06331

XXXXXX

XXXXXX

FL

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

D

B

D

A

D

B

D

B

D

B

D

A

D

B

D

B

Credit

Credit/Mtg History

Satisfied

C

A

C

A

CRDCRMH1805

Debts/obligations not disclosed/accounted for at origination

No

Missing evidence of current 1st mortgage payment on subject property with XXX #XXX evidencing payment of  $2,088.99 is escrowed.

1/5/22 client provided mortgage statement.

1/5/22 condition satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments:  XX.XX%  CLTV below guideline requirements of 80%.

 

CFCFS1752: No Verified Compensating Factors

- Clayton Comments:  missing documentation to determine

 

Originated > 24 months ago

D2B95E04-3413-4F78-8DF1-0F67DEF06331

XXXXXX

XXXXXX

FL

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

D

B

D

A

D

B

D

B

D

B

D

A

D

B

D

B

Credit

Credit/Mtg History

Satisfied

D

A

D

A

CRDCRMH189

Missing credit report

No

Missing credit report used in qualifying evidencing current monthly obligations, credit score and mortgage history

1/5/22 client provided credit report.

1/5/22 condition satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments:  XX.XX%  CLTV below guideline requirements of 80%.

 

CFCFS1752: No Verified Compensating Factors

- Clayton Comments:  missing documentation to determine

 

Originated > 24 months ago

D2B95E04-3413-4F78-8DF1-0F67DEF06331

XXXXXX

XXXXXX

FL

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

D

B

D

A

D

B

D

B

D

B

D

A

D

B

D

B

Credit

Income/Employment

Satisfied

C

A

C

A

CRDINC888

Income Amount is  Unsupported by Documentation in File

No

Missing income verification for retirement income for both B1 and B2

1/5/22 client provided pension and SSI award letters for both borrowers.

1/5/22 condition satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments:  XX.XX%  CLTV below guideline requirements of 80%.

 

CFCFS1752: No Verified Compensating Factors

- Clayton Comments:  missing documentation to determine

 

Originated > 24 months ago

D2B95E04-3413-4F78-8DF1-0F67DEF06331

XXXXXX

XXXXXX

FL

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

D

B

D

A

D

B

D

B

D

B

D

A

D

B

D

B

Credit

Insurance

Satisfied

D

A

D

A

CRDINSR848

Missing Hazard Insurance

No

Missing HOI for subject

1/5/22 client provided evidence of hazard insurance.

1/5/22 condition satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments:  XX.XX%  CLTV below guideline requirements of 80%.

 

CFCFS1752: No Verified Compensating Factors

- Clayton Comments:  missing documentation to determine

 

Originated > 24 months ago

D2B95E04-3413-4F78-8DF1-0F67DEF06331

XXXXXX

XXXXXX

FL

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

D

B

D

A

D

B

D

B

D

B

D

A

D

B

D

B

Credit

Terms/Guidelines

Satisfied

B

A

B

A

CRDTER3122

Loan documents do not meet guideline requirements

No

Missing Lender Approval

Client response 1/5/22 - 1008 lender approval.

1/5/22 condition satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments:  XX.XX%  CLTV below guideline requirements of 80%.

 

CFCFS1752: No Verified Compensating Factors

- Clayton Comments:  missing documentation to determine

 

Originated > 24 months ago

D2B95E04-3413-4F78-8DF1-0F67DEF06331

XXXXXX

XXXXXX

FL

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

D

B

D

A

D

B

D

B

D

B

D

A

D

B

D

B

Credit

Title

Satisfied

D

A

D

A

CRDTIL796

Missing Title

No

Missing title policy for subject property

1/5/22 client provided title report.

1/5/22 condition satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments:  XX.XX%  CLTV below guideline requirements of 80%.

 

CFCFS1752: No Verified Compensating Factors

- Clayton Comments:  missing documentation to determine

 

Originated > 24 months ago

D2B95E04-3413-4F78-8DF1-0F67DEF06331

XXXXXX

XXXXXX

FL

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

D

B

D

A

D

B

D

B

D

B

D

A

D

B

D

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR100

Missing Appraisal

No

Missing Appraisal supporting value.

1/5/22 client provided appraisal dated 4/23/21. Per guidelines appraisal must be dated within 4 months of the 10/XX/22 note date.1/17/23 - lender provided HVE

1/17/23 - condition satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments:  XX.XX%  CLTV below guideline requirements of 80%.

 

CFCFS1752: No Verified Compensating Factors

- Clayton Comments:  missing documentation to determine

 

Originated > 24 months ago

D2B95E04-3413-4F78-8DF1-0F67DEF06331

XXXXXX

XXXXXX

FL

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

D

B

D

A

D

B

D

B

D

B

D

A

D

B

D

B

Property Valuations

FEMA

Active

B

B

B

B

PRVAFEMA856

Natural Disaster Area, no subsequent inspection (Public)

No

FEMA disaster dated 11/XX/22 effective date Hurricane XXX . Missing evidence subject property was not impacted.

1/17/23 - Client provided inspection dated 9/21/22. Condition remains.

(No Data)

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments:  XX.XX%  CLTV below guideline requirements of 80%.

 

CFCFS1752: No Verified Compensating Factors

- Clayton Comments:  missing documentation to determine

 

Originated > 24 months ago

10ACBF19-9F42-4C28-8CC6-CEB56C72DADD

XXXXXX

XXXXXX

FL

QM: Safe Harbor

QM: Safe Harbor (APOR)

D

A

B

A

D

A

A

A

D

A

B

A

D

A

A

A

Credit

Terms/Guidelines

Satisfied

B